December Payroll Jobs Report

The following report is based on the work of statistician John Williams of shadowstats.com. Today’s (Friday, January 6) payroll jobs report of 200,000 new jobs in December is overstated by at least 82,000 jobs. As approximately 130,000 new jobs are needed each month to stay even with population growth, the December job figures actually indicate that the US economy fell…

Read more »